WOLEN CON L on Company entered into a contact to build a condominium complex for $42.000.000. Construction bewu 2018 and is expected to be completed in 2020. Western uses the percentage-oh-completion method ta for 2018 and 2019 are as follows 2018 2019 a Incurred to Date $5,400,000 $15,600,000 Estimated Cost to Complete $21,600,000 $14.400,000 Inscructions (a) Calculate the amount of gross profit that should be recognized for 2018 Show your calculations) (b) Calculate the amount of gross profit that should be recognized for 2019 show your calculations Page 5 /8 Q +